Kenya Power will officially start offering internet services from next year, in a move expected to sparkle fresh price wars as the company takes advantage of its countrywide infrastructure.
The government-run enterprise has been mooting the idea of providing fixed internet for sometime and the plans are now in the final stage to get the business rolling. Kenya Power has been piloting with a number of its corporate customers over the past few months.
“Our plan is to launch our Lit Fibre business in the course of this financial year,” said Geoffrey Muli, Kenya Power acting MD.
The company will battle with market leader of a fixed internet provider Safaricom which holds 37% of the market share as well as Wananchi Group’s Zuku with a 29.2% of the market pie.
The power-utility company joins another state parastatal, Kenya Pipeline, which announced plans to provide optic fibre earlier this year.
The outbreak of Covid-19 saw an increase in demand for internet services, aggravated by remote working and online learning.
According to industry regulator the Communications Authority, there is a huge potential in the fixed internet market that companies can take advantage of.
Kenya Power has inked lease agreements with Safaricom, Wananchi Group and Jamii Telecoms for use of some of its resources for internet distribution.